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NASDAQ:WTI 9 March 2026

W&T Offshore earnings: 2025 loss widens after delay as debt falls, offshore rule relief looms

W&T Offshore earnings: 2025 loss widens after delay as debt falls, offshore rule relief looms

W&T Offshore reported a preliminary 2025 net loss of $150.1 million, up from $87.1 million in 2024, as revenue dropped to $501.5 million and free cash flow plunged to $1.5 million. Average oil selling price fell to $64.09 a barrel, though production slightly increased. Year-end liquidity rose to $184.5 million, and net debt declined. The company warned results are unaudited and may change before its March 16 filing.
9 March 2026
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Stock Market Today

  • Sensex Ends Slightly Higher as Nifty Slips Amid Metal and PSU Bank Stock Pressure
    June 10, 2026, 1:06 PM EDT. The Indian Sensex rose modestly by 64.42 points to finish at 73,983.18, while the Nifty dropped 27.15 points to 23,214.95 on Wednesday. Selling pressure in metal, PSU bank, and real estate stocks erased intraday gains, with Hindalco Industries, Coal India, and ONGC among the top decliners. Meanwhile, select heavyweight stocks like Hindustan Unilever and Axis Bank supported the Sensex's positive close. Broader markets weakened, with the Nifty MidCap and SmallCap indices falling over 1%. Analysts noted resistance at 23,250-23,300 for Nifty and support near 23,100, cautioning that a break below may trigger further declines. Defensive sectors, including FMCG and private banking, outperformed amid a cautious trading environment marked by profit booking in cyclical stocks.

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